PPP Loan information for Iwema excavating & contracting co.

$242,195

Iwema excavating & contracting co. was initially approved for PPP Loan of amount $242,195, the current approved amount is $242,195. The loan was approved on 03/17/2021 by The The Huntington National Bank reported 9 jobs and $242,195 was used to fund payroll.

Iwema excavating & contracting co. is Existing or more than 2 years old

IWEMA EXCAVATING & CONTRACTING CO.

Date Approved

03/17/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

IWEMA EXCAVATING & CONTRACTING CO.

Borrower Address

3840 S Laramie Ave

Borrower City

Cicero

Borrower State

IL

Borrower Zip

60804-4522

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242195.00

Current Approval Amount

242195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cicero

Project County Name

COOK

Project State

IL

Project Zip

60804-4522

CD

IL-04

Jobs Reported

9

NAICS Code

238910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

242194.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244371.44

Forgiveness Date

02/10/2022

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